National Longterm / Short-term Rating. ThaiBMA / ISIN Code (if any)

Transcription

1 Thailand Coverage Longterm SOVEREIGN (FC) Stable - A- (LC) Stable COMMERCIAL BANKS Bangkok Bank Public Company Limited - AA(tha)/F1+(tha) Stable /F2 Stable bbb+/ 2 - USD800m Senior Unsecured Notes Due 2020 USY0606WBS80 - USD400m Senior Unsecured Notes Due 2018 US059895AM40/ USY0606WBT63 - USD800m Senior Unsecured Notes USY0606WBU37 - USD m Unsecured Subordinated US059895AH54/ BBB Debentures USY0606WBQ25 - USD3.0bn Global Medium-Term Note programme - (GMTN programme) - USD500m Senior Unsecured Notes Due 2018 USY06072AB10 (under USD3.0bn GMTN programme) - USD500m Senior Unsecured Notes Due 2023 USY06072AC92 (under USD3.0bn GMTN programme) BBL22DA AA-(tha) Bank of China (Thai) Public Company Limited - AAA(tha)/F1+(tha) Stable Bank of Ayudhya Public Company Limited - AAA(tha)/F1+(tha) Negative A-/F2 Negative bbb/ 1 - THB5.5bn Senior Unsecured Debentures Due 2017 BAY174A AAA(tha) - THB4.0bn Senior Unsecured Debentures Due 2017 BAY172A AAA(tha) - THB4.0bn Senior Unsecured Debentures Due 2018 BAY182A AAA(tha) - THB14.844bn Unsecured Subordinated Debentures BAY22NA AA+(tha) - THB8.0bn Senior Unsecured Debentures Due 2017 BAY179A AAA(tha) - THB7.0bn Senior Unsecured Debentures Due 2018 BAY189A AAA(tha) - THB12.0bn Senior Unsecured Debentures Due 2019 BAY193A AAA(tha) - THB5.0bn Senior Unsecured Debentures Due 2018 BAY186A AAA(tha) - THB7.0bn Senior Unsecured Debentures Due 2019 BAY196A AAA(tha) CIMB Thai Bank Public Company Limited - AA-(tha)/F1+(tha) Stable THB34bn Short-term Unsecured Unsubordinated - THB3.0bn Unsecured Subordinated Debentures CIMBT217A A+(tha) Due THB3.0bn Unsecured Subordinated Debentures CIMBT22NA A+(tha) Industrial and Commercial Bank of China (Thai) Pcl - AAA(tha)/F1+(tha) Stable Kasikornbank Public Company Limited - AA(tha)/F1+(tha) Stable /F2 Stable bbb+/ 2 - USD2.5bn Euro Medium-Term Note programme - - USD500m Senior Unsecured Debentures Due 2018 XS USD350m Senior Unsecured Debentures Due 2019 XS THB22bn Unsecured Subordinated Debentures KBANK222A AA-(tha) - THB14bn Basel III Tier 2 Unsecured Subordinated KBANK254A AA-(tha) Debentures Due THB6.5bn Basel III Tier 2 Unsecured Subordinated KBANK264A AA-(tha) Debentures Due Basel III Tier 2 Unsecured Subordinated Debentures AA-(tha) Krung Thai Bank Public Company Limited - AA+(tha)/F1+(tha) Stable BBB/F3 Stable bbb-/ 2 - USD220m Hybrid Tier 1 Securities XS B - USD2.5bn Euro Medium-Term Note programme - BBB - USD500m Unsecured Senior Debentures XS BBB Due USD700m Tier II Subordinated Notes Due 2024 XS BBB- - THB 5.155bn Unsecured Subordinated Debentures KTB223A AA(tha) - THB15.133bn Unsecured Subordinated Debentures KTB22NA AA(tha) - THB1.44bn Hybrid Tier 1 Securities KTB06PA BBB(tha) - THB20bn Short-term Unsecured Unsubordinated Siam Commercial Bank Public Company Limited - AA(tha)/F1+(tha) Stable /F2 Stable bbb+/ 2 - USD3.5bn Euro Medium-Term Note programme - - USD400m Senior Unsecured Notes Due 2016 XS As of 30

2 - USD1.1bn Senior Unsecured Notes Due USD750m Senior Unsecured Notes Due 2019 (under USD3.5bn MTN programme) - THB50bn Short-term Unsubordinated Unsecured Debenture programme Due 2024 US82571BAA08/ US82571AAA25 US82571AAB08/ US82571BAB80 SCB222A SCB249A Longterm AA-(tha) AA-(tha) Standard Chartered Bank (Thai) Pcl. - AAA(tha)/F1+(tha) Stable A-/F2 Stable bbb/ 1 A/F1 (LC) Negative - THB40bn Short-term Unsecured Unsubordinated Debentures pragramme Thanachart Bank Public Company Limited - A+(tha)/F1+(tha) Stable Thanachart Capital Public Company Limited - A(tha)/F1(tha) Stable TMB Bank Public Company Limited - A+(tha)/F1(tha) Stable BBB-/F3 Stable bbb- / 3 - CNY600m Senior Unsecured Note due 2018 XS BBB- - USD3.0bn Euro Medium-Term Note programme - - BBB- - USD300m Senior Unsecured Notes Due 2021 XS BBB- (under USD3.0bn EMTN programme) - THB9.4bn and 0.95bn Unsecured Subordinated TMB225A/ A(tha) Debentures Due in 2022 TMB225B - THB15bn Basel III Tier 2 Unsecured Subordinated Debentures Due in 2024 TMB248A A(tha) United Overseas Bank (Thai) Plc. - AAA(tha)/F1+(tha) Stable A-/F2 Stable bb+/ 1 - THB2.5bn Senior Unsecured Debentures Due 2017 UOBT175A AAA(tha) - THB5.0bn Senior Unsecured Debentures Due 2019 UOBT193A AAA(tha) - THB5.0bn Senior Unsecured Debentures Due 2021 UOBT213A AAA(tha) CONSUMER FINANCE & LEASING AEON Thana Sinsap (Thailand) Pcl - A-(tha)/F2(tha) Stable Bangkok Commercial Asset Management Co., Ltd. - AA-(tha)/F1+(tha) Negative THB4.5bn Senior Unsecured Debentures Due 2017 BAM17DA AA-(tha) - THB3.9bn Senior Unsecured Debentures Due 2017 BAM17DB AA-(tha) - THB1.8bn Senior Unsecured Debentures Due 2018 BAM18DA AA-(tha) ICBC (Thai) Leasing Company Limited - AAA(tha)/F1+(tha) Stable THB20bn Unsecured Unsubordinated Short-term Debenture programme - THB0.77bn Guaranteed Debentures Due 2016 ICBCTL169A AAA(tha) Stable - THB3.3bn Guaranteed Debentures Due 2017 ICBCTL174A AAA(tha) Stable - THB1.937bn Guaranteed Debentures Due 2017 ICBCTL175A AAA(tha) Stable - THB1.79bn Guaranteed Debentures Due 2018 ICBCTL185A AAA(tha) Stable - THB1.905bn Guaranteed Debentures Due 2018 ICBCTL189A AAA(tha) Stable - THB4.873bn Guaranteed Debentures Due 2019 ICBCTL195A AAA(tha) Stable - THB4.3bn Guaranteed Debentures Due 2017 ICBCTL17OA AAA(tha) Stable - THB4.0bn Senior Unsecured Debentures Due 2020 ICBCTL204A AAA(tha) - THB2.0bn Senior Unsecured Debentures Due 2026 ICBCTL264A AAA(tha) SECURITIES & INVESTMENT BANKING Asia Plus Group Holdings Public Company Limited - A-(tha)/F2(tha) Stable Capital Nomura Securities Public Company Limited - AA-(tha)/F1+(tha) Stable THB1.5bn Short-term Debenture programme CIMB Securities (Thailand) Company Limited - AA-(tha)/F1+(tha) Stable Easy Buy Public Company Limited - AA(tha)/F1+(tha) Negative THB1.0bn Senior Unsecured Debenture Due 2016 EB16DA AA(tha) - THB1.5bn Senior Unsecured Debenture Due 2018 EB183A AA(tha) - THB1.0bn Senior Unsecured Debenture Due 2020 EB203A AA(tha) - THB1.5bn Senior Unsecured Debenture Due 2018 EB189A AA(tha) - THB0.5bn Senior Unsecured Debenture Due 2020 EB209A AA(tha) - THB2.0bn Senior Unsecured Debenture Due 2019 EB192A AA(tha) - THB2.0bn Senior Unsecured Debenture Due 2021 EB212A AA(tha) Finansa Public Company Limited - BBB-(tha)/F3(tha) Stable Finansia Syrus Securities Public Company Limited - (tha)/f2(tha) Stable Kasikorn Securities Public Company Limited - AA-(tha)/F1+(tha) Stable Maybank Kim Eng Securities (Thailand) Pcl. - AA(tha)/F1+(tha) Negative THB1.4bn Unsecured Unsubordinated Debenture MBKET16NA AA(tha) Due 2016 Phatra Securities Public Company Limited - A-(tha)/F2(tha) Stable SCB Securities Company Limited - AA-(tha)/F1+(tha) Stable POLICY BANKS Bank for Agriculture and Agricultural Cooperatives - AAA(tha)/F1+(tha) Stable Export Import Bank of Thailand - AAA(tha)/F1+(tha) Stable /F2 Stable 2 Government Housing Bank - AAA(tha)/F1+(tha) Stable Islamic Bank of Thailand - AA(tha)/F1+(tha) Stable BBB-/F3 Stable 2 SME Development Bank of Thailand - AAA(tha)/F1+(tha) Stable As of 30

3 Longterm FOREIGN BANKS Central American Bank for Economic Integration - AAA(tha)/ THB2.374bn Senior Unsecured Bonds Due 2017 CABE17DA AAA(tha) - THB1.235bn Senior Unsecured Bonds Due 2021 CABEI212A AAA(tha) Mizuho Bank, Ltd. - AAA(tha)/ THB 3.0bn Senior Unsecured Bonds Due 2018 MHBK189A AAA(tha) Woori Bank - AAA(tha)/ THB3.0bn Unsecured Unsubordinated Bonds WOORI183A AAA(tha) Due THB1.0bn Unsecured Unsubordinated Bonds WOORI192A AAA(tha) Due THB2.0bn Unsecured Unsubordinated Bonds Due 2020 WOORI203A AAA(tha) INSURANCE AIA Company Limited - AAA(tha) Stable Muang Thai Life Assurance Company Limited - AAA(tha) Stable A- Stable - Thai Life Insurance Public Company Limited - AAA(tha) Stable A- Stable - Thai Reinsurance Public Company Limited A- Stable - Longterm (FC) CORPORATES Advanced Info Service Public Company Limited - AA+(tha)/F1+(tha) Stable Stable - Advanced Wireless Network Company Limited - AA+(tha)/F1+(tha) Stable THB0.1272bn Senior Debentures Due 2017 AWN174A AA+(tha) - THB0.27bn Senior Debentures Due 2017 AWN174B AA+(tha) - THB1.6293bn Senior Debentures Due 2019 AWN194A AA+(tha) - THB6.16bn Senior Debentures Due 2019 AWN194B AA+(tha) - THB0.4763bn Senior Debentures Due 2021 AWN214A AA+(tha) - THB1.3bn Senior Debentures Due 2021 AWN214B AA+(tha) - THB0.6376bn Senior Debentures Due 2024 AWN244A AA+(tha) - THB6.0bn Senior Debentures Due 2024 AWN244B AA+(tha) - THB7.82bn Senior Debentures Due 2023 AWN235A AA+(tha) - THB7.18bn Senior Debentures Due 2026 AWN265A AA+(tha) Bangkok Aviation Fuel Services Public Company Limited - A+(tha)/F1(tha) Stable Bangkok Mass Transit System Public Company - A(tha)/- Stable Limited - THB1.3bn Guaranteed Debentures Due 2016 BTS168A AAA(tha) Negative BTS Group Holdings Public Company Limited - A(tha)/- Stable CP ALL Public Company Limited - A+(tha)/F1(tha) Negative THB5.0192bn Secured Bonds Due 2016 CPALL16OA A+(tha) - THB6.8220bn Secured Bonds Due 2016 CPALL16OB A+(tha) - THB2.2656bn Secured Bonds Due 2017 CPALL173A A+(tha) - THB1.4705bn Secured Bonds Due 2017 CPALL173B A+(tha) - THB1.7729bn Secured Bonds Due 2017 CPALL178A A+(tha) - THB4.5780bn Secured Bonds Due 2017 CPALL178B A+(tha) - THB6.0000bn Secured Bonds Due 2017 CPALL17DA A+(tha) - THB5.6470bn Secured Bonds Due 2018 CPALL18OA A+(tha) - THB6.6000bn Secured Bonds Due 2018 CPALL18OB A+(tha) - THB5.3711bn Secured Bonds Due 2019 CPALL193A A+(tha) - THB5.6950bn Secured Bonds Due 2019 CPALL193B A+(tha) - THB3.4512bn Secured Bonds Due 2019 CPALL198A A+(tha) - THB6.0272bn Secured Bonds Due 2019 CPALL198B A+(tha) - THB5.7898bn Secured Bonds Due 2020 CPALL20OA A+(tha) - THB5.0000bn Secured Bonds Due 2020 CPALL20OB A+(tha) - THB4.0491bn Secured Bonds Due 2021 CPALL213A A+(tha) - THB5.8350bn Secured Bonds Due 2021 CPALL213B A+(tha) - THB4.2836bn Secured Bonds Due 2021 CPALL218A A+(tha) - THB3.2360bn Secured Bonds Due 2021 CPALL218B A+(tha) - THB4.1320bn Secured Bonds Due 2023 CPALL23OA A+(tha) - THB10.990bn Secured Bonds Due 2023 CPALL23OB A+(tha) - THB5.3792bn Secured Bonds Due 2024 CPALL243A A+(tha) - THB9.9345bn Secured Bonds Due 2024 CPALL243B A+(tha) - THB6.2121bn Secured Bonds Due 2024 CPALL248A A+(tha) - THB bn Secured Bonds Due 2024 CPALL248B A+(tha) - THB4.0000bn Secured Bonds Due 2026 CPALL26DA A+(tha) - THB9.8500bn Senior Unsecured Bonds Due 2017 CPALL173C A(tha) - THB2.5000bn Senior Unsecured Bonds Due 2018 CPALL186A A(tha) - THB1.5000bn Senior Unsecured Bonds Due 2020 CPALL206A A(tha) - THB10.150bn Senior Unsecured Bonds Due 2020 CPALL203A A(tha) - THB3.0000bn Senior Unsecured Bonds CPALL226A A(tha) - THB6.0000bn Senior Unsecured Bonds Due 2025 CPALL256A A(tha) - THB1.3820bn Senior Unsecured Bonds Due 2021 CPALL213C A(tha) - THB0.9370bn Senior Unsecured Bonds Due 2023 CPALL233A A(tha) - THB2.0740bn Senior Unsecured Bonds Due 2026 CPALL263A A(tha) - THB2.6070bn Senior Unsecured Bonds Due 2021 CPALL283A A(tha) As of 30

4 Longterm Esso (Thailand) Public Company Limited - -/F1(tha) THB12.0bn Bills of Exchange Revolving pragramme - -/F1(tha) GMM Grammy Public Company Limited - (tha)/f2(tha) Stable IRPC Public Company Limited - A-(tha)/F2(tha) Negative THB3.38bn Senior Unsecured Debentures Due 2017 IRPC175C A-(tha) - THB1.366bn Senior Unsecured Debentures Due 2017 IRPC175B A-(tha) - THB3.0bn Senior Unsecured Debentures Due 2017 IRPC177A A-(tha) - THB600m Senior Unsecured Debentures Due 2018 IRPC188A A-(tha) - THB4.4bn Senior Unsecured Debentures Due 2018 IRPC188B A-(tha) - THB1.944bn Senior Unsecured Debentures Due 2019 IRPC195A A-(tha) - THB1.42bn Senior Unsecured Debentures Due 2019 IRPC195B A-(tha) - THB2.939bn Senior Unsecured Debentures Due 2021 IRPC215A A-(tha) - THB3.95bn Senior Unsecured Debentures Due 2021 IRPC215B A-(tha) Mercedes-Benz (Thailand) Limited - AAA(tha)/- Stable THB10bn Guaranteed Medium-Term - AAA(tha) Stable - THB520m Guaranteed Debentures Due 2016 MBTH16NA AAA(tha) Stable - THB1.0bn Guaranteed Debentures Due 2017 MBTH173A AAA(tha) Stable - THB1.5bn Guaranteed Debentures Due 2017 MBTH177A AAA(tha) Stable - THB1.0bn Guaranteed Debentures Due 2018 MBTH182A AAA(tha) Stable - THB1.0bn Guaranteed Debentures Due 2018 MBTH185A AAA(tha) Stable - THB500m Guaranteed Debentures Due 2019 MBTH192A AAA(tha) Stable - THB15bn Guaranteed Medium-Term - AAA(tha) Stable - THB1.0bn Guaranteed Debentures Due 2018 MBTH188A AAA(tha) Stable - THB1.0bn Guaranteed Debentures Due 2018 MBTH18DA AAA(tha) Stable - THB1.0bn Guaranteed Debentures Due 2019 MBTH195A AAA(tha) Stable PTT Global Chemical Public Company Limited - AA(tha)/F1+(tha) Stable THB2.8bn Senior Unsecured Debentures Due 2017 PTTGC17OA AA(tha) - THB1.942bn Senior Unsecured Debentures Due 2019 PTTGC196A AA(tha) - THB10bn Senior Unsecured Debentures Due 2021 PTTGC218A AA(tha) PTT Public Company Limited - AAA(tha)/F1+(tha) Stable /F2 (FC) Stable - A- (LC) Stable - THB8.0bn Senior Unsecured Debentures Due 2016 PTTC16OA AAA(tha) - THB17.1bn Senior Unsecured Debentures Due 2016 PTTC167A AAA(tha) - THB2.636bn Senior Unsecured Debentures Due 2017 PTTC172A AAA(tha) - THB1.5bn Senior Unsecured Debentures Due 2017 PTTC17DA AAA(tha) - THB4.0bn Senior Unsecured Debentures Due 2017 PTTC17DB AAA(tha) - THB18.05bn Senior Unsecured Debentures Due 2018 PTTC18NA AAA(tha) - THB0.5bn Senior Unsecured Debentures Due 2018 PTTC18DA AAA(tha) - THB1.0bn Senior Unsecured Debentures Due 2019 PTTC195A AAA(tha) - THB15bn Senior Unsecured Debentures Due 2019 PTTC195B AAA(tha) - THB10bn Senior Unsecured Debentures Due 2019 PTTC195C AAA(tha) - THB4.118bn Senior Unsecured Debentures Due 2020 PTTC208A AAA(tha) - THB22bn Senior Unsecured Debentures Due 2020 PTTC20NA AAA(tha) - THB1.03bn Senior Unsecured Debentures Due 2021 PTTC215A AAA(tha) - THB10bn Senior Unsecured Debentures Due 2021 PTTC21NA AAA(tha) - THB4.0bn Senior Unsecured Debentures PTTC222A AAA(tha) - THB10bn Senior Unsecured Debentures Due 2023 PTTC239A AAA(tha) - THB15bn Senior Unsecured Debentures Due 2024 PTTC243A AAA(tha) - THB9.4bn Senior Unsecured Debentures Due 2024 PTTC247A AAA(tha) - THB4.0bn Senior Unsecured Debentures Due 2110 PTTC10DA AAA(tha) - THB4.2bn Senior Unsecured Debentures Due 2021 PTTC21NB AAA(tha) Siam City Cement Public Company Limited - A(tha)/F1(tha) Stable THB4.0bn Senior Unsecured Debentures Due 2017 SCCC176A A(tha) - THB2.0bn Senior Unsecured Debentures Due 2020 SCCC206A A(tha) - THB2.0bn Senior Unsecured Debentures Due 2024 SCCC244A A(tha) - THB2.0bn Senior Unsecured Debentures Due 2026 SCCC264A A(tha) Siam Future Development Public Company Limited - BBB(tha)/F3(tha) Stable THB700m Senior Unsecured Debentures Due 2017 SF177A BBB(tha) - THB500m Senior Unsecured Debentures Due 2020 SF201A BBB(tha) Siam Makro Public Company Limited - A+(tha)/F1(tha) Negative SVI Public Company Limited - (tha)/f2(tha) Stable Thai Oil Public Company Limited - AA-(tha)/F1+(tha) Stable THB2.5bn Senior Unsecured Debentures Due 2017 TOP173A AA-(tha) - THB2.0bn Senior Unsecured Debentures Due 2017 TOP173B AA-(tha) - THB3.0bn Senior Unsecured Debentures Due 2019 TOP193A AA-(tha) - THB3.0bn Senior Unsecured Debentures Due 2021 TOP213A AA-(tha) - THB3.0bn Senior Unsecured Debentures TOP224A AA-(tha) - THB7.0bn Senior Unsecured Debentures Due 2024 TOP243A AA-(tha) - THB7.5bn Senior Unsecured Debentures Due 2027 TOP273A AA-(tha) As of 30

5 Longterm The Siam Cement Public Company Limited - A(tha)/F1(tha) Stable THB25bn Senior Unsecured Debentures Due 2016 SCC16NA A(tha) - THB6.5bn Senior Unsecured Debentures Due 2019 SCC19OA A(tha) - THB25bn Senior Unsecured Debentures Due 2017 SCC174A A(tha) - THB20bn Senior Unsecured Debentures Due 2017 SCC17OA A(tha) - THB15bn Senior Unsecured Debentures Due 2018 SCC184A A(tha) - THB10bn Senior Unsecured Debentures Due 2018 SCC180A A(tha) - THB15bn Senior Unsecured Debentures Due 2018 SCC184B A(tha) - THB15bn Senior Unsecured Debentures Due 2019 SCC194A A(tha) - THB10bn Senior Unsecured Debentures Due 2019 SCC19NA A(tha) - THB25bn Senior Unsecured Debentures Due 2020 SCC204A A(tha) TICON Freehold and Leasehold Real Estate Investment Trust - A-(tha)/- Stable Tipco Asphalt Public Company Limited - A-(tha)/F2(tha) Stable Total Access Communication Pcl. - AA(tha)/F1+(tha) Stable BBB (FC) Stable - BBB (LC) WHA Corporation Public Company Limited - (tha)/f2(tha) Negative THB1.63bn Senior Unsecured Debentures Due 2016 WHA169A (tha) - THB700m Senior Unsecured Debentures Due 2017 WHA175A (tha) - THB435m Senior Unsecured Debentures Due 2017 WHA177A (tha) - THB500m Senior Unsecured Debentures Due 2017 WHA179A (tha) - THB570m Senior Unsecured Debentures Due 2018 WHA189A (tha) - THB1.11bn Senior Unsecured Debentures Due 2019 WHA195A (tha) - THB385m Senior Unsecured Debentures Due 2019 WHA197A (tha) - THB600m Senior Unsecured Debentures Due 2021 WHA217A (tha) - THB280m Senior Unsecured Debentures Due 2024 WHA247A (tha) - THB2.0bn Senior Unsecured Debentures Due 2018 WHA189B (tha) - THB1.0bn Senior Unsecured Debentures Due 2019 WHA194A (tha) - THB1.5bn Senior Unsecured Debentures Due 2020 WHA204A (tha) - THB1.0bn Senior Unsecured Debentures Due 2020 WHA204B (tha) Longterm STRUCTURED FINANCE DAD SPV Company Limited - AAAsf(tha) Stable THB1.8bn Bonds No.1/2005 Series 3 Due 2020 DAD20NA AAAsf(tha) Stable - THB5.0bn Bonds No.1/2005 Series 4 Due 2025 DAD25NA AAAsf(tha) Stable - THB2.2bn Bonds No.1/2006 Series 1 Due 2020 DAD20NB AAAsf(tha) Stable - THB6.0bn Bonds No.1/2006 Series 2 Due 2025 DAD25NB AAAsf(tha) Stable - THB5.5bn Bonds No.1/2007 Series 1 Due 2025 DAD25NC AAAsf(tha) Stable Eternal 6 SPV Company Limited - THB 2.96bn Asset-Backed Debentures Due A-sf (LC) Stable - Money Market Fund (FC) Long-term/ Short- BOND FUNDS term TMB Treasury Money Fund - AAAmmf(tha) TMB Money Fund - AAAmmf(tha) ASSET MANAGERS SCB Asset Management Co.,Ltd. - Asset Manager (AMR) (FC) Long-term/ Shortterm Highest Standards (tha) Stable * RWN- Negative / * RWP- Positive Note: Fitch's ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings. The best risk within a country is rated 'AAA' and other credits are rated only relative to this risk. ratings are designed for use mainly by local investors in local markets and are signified by the addition of an identifier for the country concerned, such as 'AAA(tha)' for ratings in Thailand. Specific letter grades are not therefore internationally comparable. Key Contacts Thailand Telephone Vincent Milton Managing Director (66) vincent.milton@fitchratings.com Pati Buddhavibul, PhD Business Relationship (66) pati.buddhavibul@fitchratings.com Lertchai Kochareonrattanakul Corporates (66) lertchai.kochareonrattanakul@fitchratings.com Parson Singha Financial Institutions (66) parson.singha@fitchratings.com Business & Relationship Management, Asia-Pacific Amit Ganju Senior Director (9122) amit.ganju@fitchratings.com Fitch Solutions, Asia Pacific Daniel Chng Sales Director (65) daniel.chng@fitchsolutions.com Fitch Learning, Asia Pacific Kris Emerton Commercial Partnerships Director (65) kris.emerton@fitchlearning.com As of 30